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Suppose you want to estimate the proportion of cars that are sport utility vehicles (SUVs) being driven in Kansas City, Missouri,at rush hour by standing on the corner of i-70 and i-470 and counting SUVs. You believe the figure is no higher that 0.40. If you want the error of the confidence interval to be no greater than 0.03, how many cars should you randomly sample? Use 90% level of confidence.
Vacation pay and pension benefits - The pension plan requires a contribution to the plan administrator equal to 8% of employee salaries. Salaries were $340,000 during the period.
The following transactions involve intangible assets of Penner Co occurring on or near Dec 31, 2004. Write journal entries needed at the date to record the transaction and at December 31, 2005 to record any resultant amortization. Write NA if no e..
Dustin and Penny are husband and wife and always have lived in Washington. At the time of Dustin's prior death in 2009, he was insured in the amount of $600,000 with Penny as the designated beneficiary.
xyz company has the following product costs for its line of product a direct materials 10 direct labor 8 variable
Current social trends in corporate taxation have a tremendous impact on how corporations run their business activities. For instance, tax liabilities will affect where a corporation runs its activities-in the United States or in a foreign country-..
Prepare the adjusting entries using good form for each of the following situations as of January 31 (measurement date) for the one month of January
Prepare a report on the History of International Accounting Standard
The viewpoint has been expressed that financial statement preparers are also the largest class of users of financial statements. Hence, the preparer has a unique ability to recognize user needs that the FASB does not really appreciate.
1. in two to three paragraphs describe the sarbanes-oxley act and why it is important to the accounting profession.2.
How much compensation income does Priscilla recognize from Choice Corporation - an employee of Choice Corporation, receives an annual salary of $70,000.
assume that the average firm in your companys industry is expected to grow at a constant rate of 4 and that its
A firm is trying to determine whether to replace an existing asset. The proposed asset has a purchase price of $50,000 and has installation costs of $3,000. The asset will be depreciated over its five year life using the straight-line method.
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